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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.29+0.1%11:39 AM EST

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To: Tom D who wrote (41208)10/21/2000 8:34:42 PM
From: Bob Davis  Read Replies (1) of 77400
 
Tom,

What is the basis for your "expectation of appreciation of the total investment value?" Why do you feel that "CSCO is going to double in 2 years"?

More specifically, why do you feel that you will be able to "sell CSCO to somebody else in two years" for two times $403 billion? If I can not economically justify buying it at its current market cap, who is going to come along and pay twice as much down the road?

The answer of course is "the greater fool."

Bob Davis
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